What is market value?

A simple definition of market value is the most probable price real estate should bring when offered for sale by a person who is willing but not obligated to sell it, and is bought by a person who is willing to purchase it but is not forced to do so.

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1. What is market value?
2. What types of properties are assessed?
3. How is real property appraised?
4. How is personal property valued?
5. How often does Clallam County appraise property?
6. Do I have to let the county appraiser into my home or onto my property?
7. Why may assessed values change from year to year?
8. Who determines the amount of a property tax bill?
9. What is a property tax levy?
10. Why do property tax rates vary throughout the county?
11. How do I pay my property taxes?
12. What if I disagree with my property's assessed value?